Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary by David Clark

by David Clark

“Averaged out, betting on the quality of a business is better than betting on the quality of management . . . but, very rarely, you find a manager who’s so good that you’re wise to follow him into what looks like a mediocre business.”